Assistant Manager_Broking at Old Mutual
This role is individually accountable for increasing the volume of profitable business from broking through provision of tailor-made services that exceed their expectations in a manner that ensures achievement of set business targets
- To recruit new brokers as per the set target
- Design and implement a robust engagement plan with brokers
- Develop robust training and development programs for all brokers that covers products, processes and procedures.
- Daily coordination and monitoring of the sales initiatives
- Prospect New business, submit terms and close to meet set targets
- Liaise with Underwriting Manager to ensure the retention of business from brokers
- Conduct market intelligence to get information crucial for the development of the broker channel
- Premium collections as per the Cash & Carry law and the company’s credit policy
- Ensures acceptable levels of business retention (i.e. preservation of existing business) are always maintained; and any existing business lost due to unavoidable circumstances is replaced by other suitable accounts (over and above the new business acquisition target for the year)
- Ensure sales promotions as per the company’s strategies.
- Closely monitors customer service satisfaction to ensure renewals are not threatened; negotiates renewal terms well in advance and sends formal renewal confirmations to clients before the renewal dates.
- Maintains, and regularly updates business progress reports.
- Frequent visits to intermediaries to make sure that the relationship is cemented and to do a regular reconciliation with Finance
Skills
Accountability, Business, Customer Follow-Ups, Marketing, Profitability, Sales
Education
Bachelors Degree (B): Insurance (Required), Bachelors Degree (B): Marketing (Required)
Closing Date
10 September 2024
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How to Apply:
To submit your application, please follow the link provided below.